£162,761
This estimated value is based upon the latest sale price for the house of £83,500 on 8 Jul 2004. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £83,500 | 8 Jul 2004 |
| £59,950 | 27 Sep 2000 |
| Semi-Detached |
| Leasehold |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in July 2004 the House Price Index for NOTTINGHAMSHIRE was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £83,500 results in an estimated price of approximately £162,761.
| 8 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £83,500 | £79,261 | £162,761 |
The Postcode Pricing Model uses changes in average sales price within the NG12 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 47.238 % | £39,443 | £122,943 |
| 3 Month Average | 42.925 % | £35,842 | £119,342 |
| 6 Month Average | 74.635 % | £62,320 | £145,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2023 | £918,655 | £910,000 | 5 WELLIN CLOSE |
| 5 Aug 2022 | £283,736 | £284,500 | 32 WOODVIEW |
| 3 May 2022 | £494,314 | £485,000 | 8A EDWALD ROAD |
| 23 Jul 2021 | £172,390 | £150,000 | 31 WOODVIEW |
| 18 Mar 2021 | £339,498 | £305,000 | 28 WOODVIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Wellin Lane | |
| Feb 2024 | Anti-social behaviour | On or near Wellin Lane | |
| Feb 2024 | Anti-social behaviour | On or near Wellin Lane | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Earlswood Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellin Close |